Bloomberg As rising US Treasury yields and potential credit tightening in China expose Chinese stock traders to wild market fluctuations, their bond peers are enjoying a period of relative calm. A measure of 30-day volatility in Chinese shares has surged to its highest since August as the benchmark CSI 300 Index struggles to recover from a rout that’s seen it ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has declared 2021 “The Year 50”, in the UAE, as the nation celebrates its milestone Golden Jubilee. “The Year 50” officially starts on April 6, 2021 and lasts until March 31, 2022. The declaration is coupled with the announcement of year-long initiatives, activities, and grand celebrations that ...

DUBAI / WAM Emirates Global Aluminium (EGA) on Tuesday reported adjusted earnings before interest, taxes, depreciation and amortisation (adjusted Ebitda) of AED4.1 billion ($1.13 billion) for 2020, a 63 percent increase over 2019. EGA’s smelting Ebidtda margin for 2020 was 23 percent (2019: 14 percent), ranking amongst the best globally, the company said on Tuesday. EGA flexed its aluminium product ...